Becel is owned by KKR (the United States, NYSE: KKR) through its subsidiary Upfield, which acquired the brand on 2 July 2018 from Unilever.[1][1] Before KKR, Becel was owned by Unilever from 1960 to 2018.[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Becel was developed in the Netherlands in 1960 in collaboration with cardiologists, and its name comes from blood cholesterol lowering. It is sold as Flora in some markets and Becel in others, the same product under two names split by geography.
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
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Unilever sold its spreads business to KKR, which established it as a standalone company named Upfield. Unilever had been trying to exit margarine for years as consumption declined, and the sale followed its rejection of a takeover approach from Kraft Heinz that had prompted a strategic review.
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The parent company of Becel is KKR, a private-equity firm headquartered in the United States. Becel sits under KKR's subsidiary Upfield.
Becel originated in the Netherlands in 1960, but it is owned today by KKR, which is headquartered in the United States. So Becel is a Dutch-origin brand under American ownership.
KKR completed its acquisition of Becel on 2 July 2018, after announcing the deal on 15 December 2017.
Before KKR, Becel was owned by Unilever from 1960 until 2018.
Yes. As of 6 September 2026, Becel is still owned by KKR. The ownership record was last checked against primary sources on that date.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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